YETI Celebrates 15 Years With Accelerating Product Demand And Profits Up 107%

YETI Celebrates 15 Years With Accelerating Product Demand And Profits Up 107%

YETI half-year results showed net sales up 44% and net profits soaring 107% over last year. YETI, celebrating 15 years in business this August, announced strong financial performance coming out of the second quarter (Q2) with sales up 45% compared to the same period last year. Matt Reintjes, President and CEO, commented, "Demand and passion for the YETI brand remained robust during the second quarter." The half-year results, which include performance from both first and second quarters, showed significant growth compared to last year. Net sales were up 44% reaching $605 million and net profits soared 107%. Matt Reintjes, President and CEO said, "Demand and passion for the YETI brand remained robust during ... [+] the second quarter." In an interview with Reintjes, he discussed the success of YETI in 2020 and 2021 as really stemming from the dedication and passion of the employees. "People's lives have been upended throughout the pandemic yet employees have allowed the company to move forward." Reintjes also said that in addition to a passionate and dedicated workforce that has allowed the brand to continue expanding both domestically and internationally, the consumers have really connected with the brand ethos driving up product demand. Performance over